Coventry Group (ASX:CYG) PB Ratio : 1.28 (As of May. 01, 2024)

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What is Coventry Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), Coventry Group's share price is A$1.50. Coventry Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.17. Hence, Coventry Group's PB Ratio of today is 1.28.

The historical rank and industry rank for Coventry Group's PB Ratio or its related term are showing as below:

ASX:CYG' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.73 Max: 1.5
Current: 1.29

During the past 13 years, Coventry Group's highest PB Ratio was 1.50. The lowest was 0.23. And the median was 0.73.

ASX:CYG's PB Ratio is ranked worse than
53.79% of 145 companies
in the Industrial Distribution industry
Industry Median: 1.17 vs ASX:CYG: 1.29

During the past 12 months, Coventry Group's average Book Value Per Share Growth Rate was -3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Coventry Group was 11.60% per year. The lowest was -24.90% per year. And the median was -2.05% per year.

Back to Basics: PB Ratio

Coventry Group PB Ratio Historical Data

The historical data trend for Coventry Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coventry Group PB Ratio Chart

Coventry Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.81

0.53

1.19

1.07

0.94

Coventry Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.37	1.07	0.94	0.94	1.24

Competitive Comparison of Coventry Group's PB Ratio

For the Industrial Distribution subindustry, Coventry Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coventry Group's PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Coventry Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coventry Group's PB Ratio falls into.

Coventry Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Coventry Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.50	/	1.174
	=	1.28

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Coventry Group (ASX:CYG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Coventry Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Coventry Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Coventry Group (ASX:CYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Coventry Group Ltd (ASX:CYG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 Settlement Road, Thomastown, P.O. Box 526, Melbourne, VIC, AUS, 3074

Website

https://www.cgl.com.au

Coventry Group Ltd distributes and markets industrial products. The company operates through the following segments: Trade Distribution, and Fluid Systems. It generates maximum revenue from the Trade Distribution segment. The Trade Distribution segment includes the importation, distribution, and marketing of industrial fasteners, industrial hardware supplies and associated products and cabinet making hardware. Its Fluid Systems segment includes the design, manufacture, distribution, installation, and maintenance of lubrication and hydraulic fluid systems and hoses. Geographically, it derives a majority of revenue from Australia.

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